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Property Description
Opportunity knocks!  Nearly 2 acres in the heart of Thornbury, overlooking the Beaver River, this property offers significant development potential!  The current residence has over 3,500 sq ft of living space comprised of the primary area plus two separate in-law suites, totalling 5 bedrooms4 bathrooms with an oversized double garage. And that’s just the obvious; take a look at the development potential along the back of the property! So many options to consider.  Renovate or build your impressive family estate, pursue approvals to sever lots for others to develop, or develop the remaining lands yourself all while earning income on the current rental residence.  Thriving Thornbury is right on Georgian Bay with marina, world class golf, skiing and 4 season recreation at your doorstep. Quick 15 minutes to Blue Mountain Resort and Collingwood just beyond. 
Consultants have confirmed that the back of the property holds the potential for new building lots, ideal for up to 5 single family homes or 10 semi-detached. Planning report, a pre-consultation summary letter from Town of Blue Mountains and initial cost estimates to sever and service lots, all available upon request.  Get those creative thoughts going and tour this ‘Must-be-Seen’ property now.
 
Why We Love This Property
  • Rare offering with development & income potential!
  • Walk to Downtown Thornbury and Georgian Bay
  • 1.8 acre property & residence with in-law suites
  • Preliminary development proposal for 5 additional lots
  • Renovate or build a dream estate, beside the Beaver River 
Basic Details
Residential
For Sale
40190531
2
$1,795,000
5
4
Royal Lepage RCR Realty
0.50–1.99
Active
Commercial
$5,985
2021
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Address Map
Canada
Thornbury
Elgin
55
Street
NOH2P0
W81° 33′ 2.4”
N44° 33′ 18.7”
Neighborhood
10 Minutes
Video
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